OMK Enters the Middle East Market
OREANDA-NEWS. June 25, 2007. United Metallurgical Company (OMK) secured its first order for large-diameter pipes (LDP) from Petroleum Development of Oman (PDO), Sultanate of Oman. Under the PDO-Marmul Polymer Flooding project, OMK will deliver 1,500 tonnes of 914-mm LDP to the Omani company. The Russian company became a PDO certified supplier of pipes for main pipelines in May.
OMK President Vladimir Markin emphasized the importance of OMK's first delivery of pipes to the Middle East market: "We are interested in the markets of Middle East countries, and in the near future the Company plans to actively promote its oil and gas pipes in this region, the world's leader in discovered and proved reserves of hydrocarbons."
Petroleum Development of Oman is a subsidiary of Shell. PDO accounts for more than 90% of the Sultanate of Oman's crude oil production and nearly 100% of the country's natural gas supply.
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